Dubai Based Telegram to Launch its Gram Token Sale in Q3-2019

The Telegram Messenger LLP headquartered in London and having its operational center in Dubai will be launching its token sale by the end of Q3-2019.

LAFFAZ Media
LAFFAZ Media

Gram is a native token of the Telegram Open Network (TON), a decentralised project of the Telegram messenger app which claims to have a 200 million user base.

As reported by Cointelegraph, Gram Asia is the largest holder of the Gram token in Asia and Liquid who is an incubator of TON has a deal with Gram Asia.

As reported by Bloomberg, South Korea’s Gram Asia is selling rights to its Gram holdings at $4.00 per token starting from July 10. The sale of the is happening through Japanese cryptocurrency exchange Liquid which hosted the Gram ICO in March 2019 when Telegram raised $850 million, extending its valuation to $1.7 billion.

Users who purchase Gram token by exchanging QASH (Liquid’s own token) will get $0.50 discount per token.


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Editorial Staff
Editorial Staff

The Editorial Staff at LAFFAZ encompasses fandoms of startup culture, crazy researchers, data analysts and writers who decrypt strenuous information into graspable news, produce noteworthy features and compelling stories.

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